Vasco Data Security International Inc. (NASDAQ:VDSI) traded up 3.8% during mid-day trading on Tuesday . The stock traded as high as $18.84 and last traded at $18.74, with a volume of 307,616 shares trading hands. The stock had previously closed at $18.06.

Several equities research analysts recently issued reports on the company. Zacks Investment Research raised Vasco Data Security International from a “sell” rating to a “buy” rating and set a $19.00 price objective for the company in a research note on Thursday, August 4th. Dougherty & Co dropped their price objective on Vasco Data Security International from $22.00 to $20.00 and set a “buy” rating for the company in a research note on Friday, July 29th. Finally, Sidoti assumed coverage on Vasco Data Security International in a research note on Thursday, June 23rd. They set a “buy” rating and a $24.00 price objective for the company. Five equities research analysts have rated the stock with a buy rating, The stock currently has an average rating of “Buy” and a consensus price target of $24.75.

The stock has a 50 day moving average of $17.08 and a 200 day moving average of $16.16. The stock has a market capitalization of $750.10 million and a PE ratio of 38.01.

Vasco Data Security International (NASDAQ:VDSI) last released its quarterly earnings results on Thursday, July 28th. The company reported $0.15 earnings per share for the quarter, beating the consensus estimate of $0.08 by $0.07. The firm had revenue of $54.30 million for the quarter, compared to the consensus estimate of $52.30 million. Vasco Data Security International’s quarterly revenue was down 17.0% compared to the same quarter last year. During the same period in the previous year, the company earned $0.40 earnings per share. On average, equities research analysts forecast that Vasco Data Security International Inc. will post $0.26 EPS for the current year.

A hedge fund recently raised its stake in Vasco Data Security International stock. Stephens Investment Management Group LLC boosted its stake in shares of Vasco Data Security International Inc. (NASDAQ:VDSI) by 9.5% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 715,175 shares of the company’s stock after buying an additional 61,855 shares during the period. Stephens Investment Management Group LLC owned approximately 1.81% of Vasco Data Security International worth $11,965,000 as of its most recent filing with the SEC.

VASCO Data Security International, Inc (VASCO) is an information technology (IT) security company that designs, develops and markets security solutions that secure and manage access to digital assets, protect and facilitate transactions online, via mobile devices, and in-person. The Company’s primary product and service lines include Host System products, which are typically a component of an organization’s IT infrastructure and Client Authenticators, which are devices used by end users for authentication.

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